SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • October 31st, 2013 • Apricus Biosciences, Inc. • Pharmaceutical preparations • New York
Contract Type FiledOctober 31st, 2013 Company Industry JurisdictionThis Settlement Agreement and Release (this “Agreement”), effective as of the date of the last execution signature (“Effective Date”), is by and between Topotarget A/S, a publicly-traded Danish biopharmaceutical company (“Topotarget”) and Apricus Biosciences, Inc., a publicly-traded pharmaceutical company (“Apricus”). As used herein, “Parties” shall mean Topotarget and Apricus.